Managing PEP Risks
DescriptionThe session provides an opportunity to think like a criminal, identifying the ‘pillars of success’ that are essential to moving millions of dollars whilst evading banking due diligence controls and in spite of widespread awareness of PEP risks. We expect that at the end of the session you will be able to describe just how to construct a money-laundering scheme, but we do not want you to actually launder any money! That would be very wrong. We’d like you to share this learning and use this information to become more effective in identifying crime risks.
- Understand the stages of laundering money
- Learn how criminals evade detection
- Identify red flags and behavioral risks